As if the first trailer for Warner Bros’ Green Lantern wasn’t enough earlier today, we’re getting yet another cinematic treat in the form of the first trailer for Warner’s Red Riding Hood is now showing it’s face.

The film comes from Twilight and Thirteen director Catherine Hardwicke, and stars upcoming actress Amanda Seyfried, so you know there is a built in teen audience well before the trailer even hit. Here’s the official synopsis.

In “Red Riding Hood,” Seyfried plays Valerie, a beautiful young woman torn between two men. She is in love with a brooding outsider, Peter (Shiloh Fernandez), but her parents have arranged for her to marry the wealthy Henry (Max Irons). Unwilling to lose each other, Valerie and Peter are planning to run away together when they learn that Valerie’s older sister has been killed by the werewolf that prowls the dark forest surrounding their village.

For years, the people have maintained an uneasy truce with the beast, offering the creature a monthly animal sacrifice. But under a blood red moon, the wolf has upped the stakes by taking a human life. Hungry for revenge, the people call on famed werewolf hunter, Father Solomon (Gary Oldman), to help them kill the wolf. But Solomon’s arrival brings unintended consequences as he warns that the wolf, who takes human form by day, could be any one of them. As the death toll rises with each moon, Valerie begins to suspect that the werewolf could be someone she loves. As panic grips the town, Valerie discovers that she has a unique connection to the beast–one that inexorably draws them together, making her both suspect…and bait.

We already have our theory about the film based on the trailer. Check it out after the jump and weigh in. Red Riding Hood hits theaters on March 11th.